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Michael Marin is aided in court shortly after collapsing on Wednesday, June 28, 2012 after being convicted of burning down his Paradise Valley mansion. (@Meredith3TV)

PHOENIX -- A Paradise Valley man, who collapsed after he was convicted of deliberately burning down his $3.5 million mansion in 2009, has died.

A Maricopa County Superior Court jury on Thursday found Michael Marin, 53, guilty of arson of an occupied structure. He collapsed in court immediately after the verdict was read.

Marin was transported to a hospital and died shortly after.

Video from 3 TV allegedly shows Marin putting something in his mouth and collapsing shortly after.

"We do know that he did ingest something in the courtroom," said Jeff Sprong with the Maricopa County Sheriff's Office. "When you go into the courts there, they do check you for weapons and all that, but there's obviously going to be certain things -- especially if it's a small liquid that's maybe on his body -- that you can get through the metal detectors."

Sprong said they are still investigating what substance Marin consumed.

Judge Bruce Cohen, who ruled in the case, ordered that no video footage be shown of Marin's medical treatment.

Prosecutors said Marin would have faced up to nearly 16 years in prison if he was convicted.

Marin's mansion burned down in July 2009. He told authorities he escaped the blaze by climbing down a rope ladder while wearing a scuba tank and diving mask to protect himself from the smoke.

Phoenix Fire Department investigators called it arson. Prosecutors claimed Marin, a former Wall Street trader, set fire to his house because he could no longer pay the mortgage.

Information from the Associated Press was used in this report.

KTAR.com,

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  • Abuse
    wrote...
    They got it right!
    the evidence was overwhelming! Kudos to the jury for sitting through 6 weeks of testimony and getting it right.
  • Abuse
    avenger wrote...
    How dare you make such an ignorant comment?!?
    They essentially sentenced him to death for his financial troubles. WHAT IN THE HE11 IS THIS WORLD COMING TO?!?
  • Abuse
    Jasonsuper50 wrote...
    I think he committed suicide!
    Watch the video and watch as puts his left hand up to his face. It's not flat against his face like his right hand, almost like he's holding something in it. Then he slides his hand down to his mouth and it looks like he's making a chewing motion with his mouth! Looks like he wasn't happy with the verdict and didn't want to serve the time (or pay the mortgage on his house!)
  • Abuse
    3e11even wrote...
    Arson....
    that's what he was convicted of, NOT having financial problems! Many people have had money issues and did not commit crimes to deal with it. He admitted he set a 3.5 million dollar home on fire, then when the justice system worked, it was he, who gave himself the death sentence. NOW....WHAT THE F IS THE WORLD COMING TO?
  • Abuse
    The Conservative wrote...
    One less
    scum in the gene pool...
  • Abuse
    wrote...
    Autopsy will tell the tale........
    I agree that he had decided, depending on the verdict, to pass over to a more peaceful existence. We all have our problems - some are more creative in their attempts for a solution.
  • Abuse
    justthinkin wrote...
    Cheryl
    These little pills (assuming he took cyanide or something) should be given to all convicts. It would save us a lot of money. It's not cruel and unusual if it's your choice.
  • Abuse
    Japricka_Joe wrote...
    Avenger:
    They didn't sentence him to death for his FINANCIAL TROUBLES where are you coming off with that comment? They found him GUILTY of INSURANCE FRAUD and for that you go to jail (financial troubles or not). If he just left it go into forclosure there wouldn't be any of this. He'd be like the millions of other people that walked away from their homes. Besides you don't get money for this you get your home reconstructed and the payments continue. You don't get cash because your house burns down.
    J.Joey
  • Abuse
    wrote...
    video
    it's funny how the hot blonde pushes the slow and "oversized" courtroom deputy out of the way to get to him.
  • Abuse
    wrote...
    Looks like
    he had enough money to buy the easy way out. Now to find the irresponsible drug dealer that would sell a bankrupt wall street trader some cyanide pills. There's a story....
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